Listed by HomeSmart Real Estate Assoc, Bought with Top Agency
NOT LISTED FOR SALE

16111 Lakeside Dr S Spanaway, WA 98387

Estimated Value: $502,000 - $656,000

3 Beds
2 Baths
1,408 Sq Ft
$403/Sq Ft Est. Value

Last Sold April 10, 2024

Last sale price $575,000 $408 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,504/month

3 Days on Market

Highlights

  • 60 Feet of Waterfront
  • Deck
  • No HOA
  • Lake View
  • Vaulted Ceiling
  • 2 Car Detached Garage

About This Home

As of April 2024

Lakeside living with a Western exposure. Location matters on a lake! Stroll down to the fenced, private beach with 60 feet of frontage. Upper and lower decks run the length of the home and offer plenty of seating for those amazing sunsets, but wait...there is a back deck for quiet sunrises. One bedroom and full bath are on the main floor and could easily be converted to a primary suite. Other two bedrooms and bathroom are upstairs. All bedrooms have lake views. New 3 bdrm septic tank just installed and the garage features new siding and paint. Furnace and AC are only 3 years old. This home has been well loved and has great bones. Cosmetic updates will make this home your own, but if you love the 70's you are good to go!

Last Agent to Sell the Property

Kym Knudson

HomeSmart Real Estate Assoc License #26059 Listed on: 03/08/2024

HomeSmart Real Estate Assoc

Last Buyer's Agent

Tia Yeo

Top Agency License #25008859

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2207831

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,266

Year Built

  • Built in 1942

Lot Details

  • 8,350 Sq Ft Lot
  • 60 Feet of Waterfront
  • Lake Front
  • West Facing Home
  • Partially Fenced Property
  • Property is in average condition

Parking

  • 2 Car Detached Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,408 Sq Ft Home
  • 1.5-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Lake Views

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Spanaway Lake Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,266

Year Built

Built in 1942

Lot Details

8,350 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 11 - 1 1/2 Story
  • Year Built: 1942
  • Buyer Agency Compensation: 3
  • Inclusions: Dishwashers,Refrigerators,StovesRanges,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: OneAndOneHalf
  • New Construction: No
  • CalculatedSquareFootage: 1408
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2207831?w=Consumer&agent=80420
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwashers_, Refrigerators_, StovesRanges_
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Vaulted Ceiling(s), Fireplace
  • Living Area: 1408
  • Main Level Bedrooms: 1
  • BathsFullMain: 1
  • SquareFootageFinished: 1408
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • AppliancesIncluded: Dishwashers,Refrigerators,StovesRanges

Exterior Features

  • Roof: Composition
  • View: Lake
  • Lot Features: Alley, Paved
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Direction Faces: West
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: House
  • WaterfrontFootage: 60

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Detached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: Central A/C
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: Elmhurst
  • SewerCompany: PC
  • WaterCompany: Spanaway Water
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Bethel
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 561500-009-0
  • Land Lease: No
  • Lot Size Acres: 0.1917
  • Lot Size Sq Ft: 8350
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Natural Gas

Tax Info

  • Year: 2024
  • Tax Annual Amount: 6266

Multi Family

  • EnergySource: Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
Apr 3, 2024
Sold by
Connors Virginia Lee
Bought by
Park Young J
Seller's Agent
Kym Knudson
HomeSmart Real Estate Assoc
Buyer's Agent
Tia Yeo
Top Agency
List Price
$574,950
Sold Price
$575,000
Premium/Discount to List
$50
0.009%
Views
18
Current Estimated Value
$567,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,960
Avg. Annual Appreciation
-0.71%
Original Mortgage
$517,500
Outstanding Balance
$507,945
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$59,095

Purchase Details

Closed on
Oct 3, 1994
Sold by
Connors Virginia Lee
Bought by
Connors Virginia Lee
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Park Young J $575,000 Stewart Title
Park Young J $575,000 Stewart Title
Connors Virginia Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Young J $517,500
Closed Park Young J $517,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2024 04/10/24 Sold $575,000 0.0% $408 / Sq Ft
03/11/2024 03/11/24 Pending -- -- --
03/08/2024 03/08/24 For Sale $574,950 -- $408 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,266 $563,600 $359,100 $204,500
2024 $6,266 $582,200 $343,200 $239,000
2023 $6,266 $518,900 $314,500 $204,400
2022 $5,484 $540,300 $331,100 $209,200
2021 $2,348 $355,700 $197,000 $158,700
2019 $4,165 $324,900 $172,200 $152,700
2018 $4,743 $353,000 $198,600 $154,400
2017 $4,206 $312,900 $175,500 $137,400
2016 $4,084 $243,500 $139,000 $104,500
2014 $3,284 $249,400 $147,300 $102,100
2013 $3,284 $208,300 $119,200 $89,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2207831

Northwest Multiple Listing Service (NWMLS)

APN: 561500-0090

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